INVENTECH AS

1472 FJELLHAMAR

Finances

Share Ownership

Return on Equity

250,8 %

Current Ratio

1,13

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 041 000	16 520 000	10 229 000	13 145 000
Net Income	2 834 000	2 049 000	206 000	758 000
Total Assets	8 362 000	5 155 000	3 189 000	5 259 000
Total Equity	1 130 000	897 000	847 000	1 042 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 041 000	16 520 000	10 229 000	13 145 000
Expenditure	18 409 000	13 849 000	9 888 000	12 145 000
Operating Profit	3 632 000	2 671 000	341 000	1 000 000
Financial Income	30 000	32 000	33 000	48 000
Financial Costs	28 000	75 000	111 000	74 000
Financial Balance	2 000	−43 000	−78 000	−26 000
Earnings Before Tax	3 633 000	2 627 000	263 000	974 000
Tax	800 000	578 000	58 000	216 000
Net Income	2 834 000	2 049 000	206 000	758 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	404 000	592 000	797 000	996 000
Total Current Assets	7 958 000	4 562 000	2 392 000	4 263 000
Total Assets	8 362 000	5 155 000	3 189 000	5 259 000
Total Retained Equity	1 025 000	792 000	742 000	937 000
Total Equity	1 130 000	897 000	847 000	1 042 000
Total Long-Term Debt	213 000	464 000	693 000	880 000
Total Current Debt	7 019 000	3 794 000	1 649 000	3 337 000
Total Equity and Debt	8 362 000	5 155 000	3 189 000	5 259 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 041 000	16 520 000	10 229 000	13 145 000
Other Income	0	0	0	0
Revenue	22 041 000	16 520 000	10 229 000	13 145 000
Cost of Goods Sold	13 440 000	10 031 000	6 529 000	8 607 000
Salary Costs	2 669 000	2 304 000	2 143 000	2 087 000
Depreciation	209 000	202 000	202 000	199 000
Impairment	0	0	0	0
Expenditure	18 409 000	13 849 000	9 888 000	12 145 000
Operating Profit	3 632 000	2 671 000	341 000	1 000 000
Financial Income	30 000	32 000	33 000	48 000
Financial Costs	28 000	75 000	111 000	74 000
Financial Balance	2 000	−43 000	−78 000	−26 000
Dividends	2 600 000	2 000 000	400 000	800 000
Net Income	2 834 000	2 049 000	206 000	758 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	404 000	592 000	797 000	996 000
Total Tangible Assets	404 000	592 000	797 000	996 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	404 000	592 000	797 000	996 000
Stock	3 373 000	1 869 000	969 000	649 000
Total Investments	0	0	0	0
Cash, Bank	2 517 000	1 005 000	326 000	1 374 000
Total Current Assets	7 958 000	4 562 000	2 392 000	4 263 000
Total Assets	8 362 000	5 155 000	3 189 000	5 259 000
Total Equity	1 130 000	897 000	847 000	1 042 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	213 000	464 000	693 000	880 000
Creditors	604 000	251 000	253 000	575 000
Unpaid Taxes	1 011 000	543 000	247 000	660 000
Dividends	2 600 000	2 000 000	400 000	800 000
Other Current Debt	369 000	402 000	288 000	260 000
Total Current Debt	7 019 000	3 794 000	1 649 000	3 337 000
Total Equity and Debt	8 362 000	5 155 000	3 189 000	5 259 000

Financial indicators	2022	2021	2020	2019
Return on Equity	250,8 %	228,43 %	24,32 %	72,74 %
Debt-to-Equity Ratio	0,19	0,52	0,82	0,84
Operating Profit Margin	16,48 %	16,17 %	3,33 %	7,61 %
Current Ratio	1,13	1,2	1,45	1,28
Quick Ratio	2,18	2,37	3,52	1,59
Equity Ratio	0,14	0,17	0,27	0,2
Gross Profit Margin	39,02 %	39,28 %	36,17 %	34,52 %